Gero: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
Gero
NACE 56.301, Cafés and bars
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€9,585
2024 · €46,507-€56,092
Equity
€73,137
2024 · €82,722-€9,585
Cash
€36,903
2024 · €36,375+€528
Balance sheet total
€363,253
2024 · €324,295+€38,958
Largest movements
Assets
- Tangible fixed assets +€38,490
up €38,490 (+30.4%), from €126,755 to €165,244
of which Leasing and similar rights: +€75,370
Equity and liabilities
- Debts after one year +€21,028
up €21,028 (+47.7%), from €44,117 to €65,145
- Trade debts +€19,340
up €19,340 (+30.7%), from €62,962 to €82,303
- Profit (loss) carried forward -€9,585
down €9,585 (-3.2%), from -€297,288 to -€306,873
- Current portion of long-term debt +€8,630
up €8,630 (+23.0%), from €37,463 to €46,093
Income statement
- Staff costs +€47,389
up €47,389 (+33.7%), from €140,628 to €188,017
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
€46,507
Gross operating margin
+€1,175
Staff costs
-€47,389
Depreciation
+€658
Other operating charges
-€564
Other operating items
-€7,620
Financial income
+€17
Financial charges
-€2,392
Taxes
+€24
Result 2025
-€9,585
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€49,436
Investment
-€78,085
Financing
+€29,177
Cash 2024
€36,375
From operations (derived)
+€49,436
Net result for the year
-€9,585
Depreciation
+€39,595
Stocks and contracts
-€1,958
Receivables within one year
+€3,619
Deferred charges and accrued income
-€1,601
Trade debts
+€19,340
Tax, wage and social debts
-€744
Advances received
+€770
Investment (derived)
-€78,085
Investment in fixed assets (net)
-€78,085
Financing
+€29,177
Debts after one year
+€21,028
Current portion of long-term debt
+€8,630
Short-term financial debts
-€481
Cash 2025
€36,903
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €324,295 | €363,253 | +€38,958 | +12.0% |
| Fixed assets | 21/28 | €127,073 | €165,563 | +€38,490 | +30.3% |
| Tangible fixed assets | 22/27 | €126,755 | €165,244 | +€38,490 | +30.4% |
| Land and buildings | 22 | €45,388 | €43,783 | -€1,605 | -3.5% |
| Plant, machinery and equipment | 23 | €55,556 | €23,653 | -€31,902 | -57.4% |
| Furniture and vehicles | 24 | €7,061 | €4,667 | -€2,394 | -33.9% |
| Leasing and similar rights | 25 | - | €75,370 | +€75,370 | |
| Other tangible fixed assets | 26 | €18,749 | €17,771 | -€978 | -5.2% |
| Financial fixed assets | 28 | €318 | €318 | = | 0.0% |
| Current assets | 29/58 | €197,222 | €197,691 | +€468 | +0.2% |
| Stocks and contracts in progress | 3 | €6,589 | €8,547 | +€1,958 | +29.7% |
| Stocks | 30/36 | €6,589 | €8,547 | +€1,958 | +29.7% |
| Amounts receivable within one year | 40/41 | €149,386 | €145,767 | -€3,619 | -2.4% |
| Trade receivables | 40 | €39,653 | €41,171 | +€1,518 | +3.8% |
| Other amounts receivable | 41 | €109,733 | €104,596 | -€5,137 | -4.7% |
| Cash at bank and in hand | 54/58 | €36,375 | €36,903 | +€528 | +1.5% |
| Deferred charges and accrued income | 490/1 | €4,871 | €6,473 | +€1,601 | +32.9% |
| Total equity and liabilities | 10/49 | €324,295 | €363,253 | +€38,958 | +12.0% |
| Equity | 10/15 | €82,722 | €73,137 | -€9,585 | -11.6% |
| Contributions | 10/11 | €173,525 | €173,525 | = | 0.0% |
| Reserves | 13 | €206,485 | €206,485 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,862 | €9,862 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,862 | €9,862 | = | 0.0% |
| Distributable reserves | 133 | €196,623 | €196,623 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€297,288 | -€306,873 | -€9,585 | -3.2% |
| Amounts payable | 17/49 | €241,573 | €290,116 | +€48,543 | +20.1% |
| Amounts payable after more than one year | 17 | €44,117 | €65,145 | +€21,028 | +47.7% |
| Financial debts | 170/4 | €44,117 | €65,145 | +€21,028 | +47.7% |
| Amounts payable within one year | 42/48 | €196,555 | €224,070 | +€27,515 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €37,463 | €46,093 | +€8,630 | +23.0% |
| Financial debts | 43 | €49,937 | €49,456 | -€481 | -1.0% |
| Credit institutions | 430/8 | €49,937 | €49,456 | -€481 | -1.0% |
| Trade debts | 44 | €62,962 | €82,303 | +€19,340 | +30.7% |
| Suppliers | 440/4 | €62,962 | €82,303 | +€19,340 | +30.7% |
| Advances received on contracts in progress | 46 | €5,430 | €6,200 | +€770 | +14.2% |
| Taxes, remuneration and social security | 45 | €39,829 | €39,084 | -€744 | -1.9% |
| Taxes | 450/3 | €374 | €332 | -€42 | -11.3% |
| Remuneration and social security | 454/9 | €39,455 | €38,753 | -€702 | -1.8% |
| Other amounts payable | 47/48 | €933 | €933 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €901 | €901 | = | 0.0% |
| Non-recurring operating income | 76A | - | €12,217 | +€12,217 | |
| Remuneration, social security and pensions | 62 | €140,628 | €188,017 | +€47,389 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,253 | €39,595 | -€658 | -1.6% |
| Other operating charges | 640/8 | €12,317 | €12,882 | +€564 | +4.6% |
| Non-recurring operating charges | 66A | - | €7,620 | +€7,620 | |
| Gross operating margin | 9900 | €247,073 | €248,248 | +€1,175 | +0.5% |
| Operating profit (loss) | 9901 | €53,874 | €134 | -€53,740 | -99.8% |
| Financial income | 75/76B | €50 | €67 | +€17 | +33.7% |
| Recurring financial income | 75 | €50 | €67 | +€17 | +33.7% |
| Financial charges | 65/66B | €7,042 | €9,434 | +€2,392 | +34.0% |
| Recurring financial charges | 65 | €7,042 | €9,434 | +€2,392 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | €46,882 | -€9,234 | -€56,116 | |
| Income taxes | 67/77 | €376 | €351 | -€24 | -6.4% |
| Profit (loss) for the period | 9904 | €46,507 | -€9,585 | -€56,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €46,507 | -€9,585 | -€56,092 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.